Agenda item

Small Business Micro Loan Fund

Report of the Director of Economic Development (copy attached).

 

Minutes:

The Committee considered a report of the Director of Economic Development concerning the proposed support for a Small Business Micro Loan Programme by providing funding to the London Community Foundation and the Frederick Foundation.

 

RESOLVED – That a sum of £77,000 be provided to the London Community Foundation from Committee’s City’s Cash contingency for 2012/13, to establish a Small Business Micro Loan Fund jointly with the Fredericks Foundation London.

 

Supporting documents: